Bed Bath & Beyond Inc (NASDAQ:BBBY) shares are trading higher on above-average volume Tuesday. The stock is seeing increased interest across social media platforms as retail traders highlight high short interest in the name.
Bed Bath & Beyond’s average session volume over a 100-day period is about 42.46 million, according to Benzinga Pro. Tuesday’s trading volume has already exceeded 45 million at publication time. 38.75% of Bed Bath & Beyond’s float is currently sold short, per Fintel data.
Bed Bath & Beyond is trending across several social media platforms. It was the top trending ticker on Stocktwits at last check and it was among the most mentioned stocks on Reddit’s r/wallstreetbets over the last 24 hours. Benzinga Pro data shows that it was also among the most mentioned stocks on Discord on Tuesday.
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BBBY Price Action: Bed Bath & Beyond has a 52-week high of $30.06 and a 52-week low of $4.26.
The stock was up 23.7% at $5.27 Tuesday afternoon.
Photo: Mike Mozart from Flickr.
